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gerri: resawed tax i.d., a past itinerarytr, property records, a physicalysic characteristics, law enforcement and intelligence information. shocking and compromising. d >> eight completely deny they do this but with edwards noted we hear incremental disclosure. we will find out. but bottom line as a traveler if you decide to y join this program you give them more data points including fingerprints if you join t global entry program your passport informion, it is the key into all sorts of database throughout the government and they are getting betterng to connect the dots. gerri: rehabing increases of holiday fares so if you wait you will see an increase what are the numbers?he >> if you look at the firstt we week of december buying for the holidays starting december 1750% increase. nonstop another 30%. traveling on thew weekend is 20% so over --. gerri: and if you've looked at year-over-year increases thanksgiving is up 95 4% in christmas 7.3%. gets on its. prices are going up. terrific to see you. coming up a new report shows just how grown up pg-13 really is. is setting a good guy for consu
gerri: resawed tax i.d., a past itinerarytr, property records, a physicalysic characteristics, law enforcement and intelligence information. shocking and compromising. d >> eight completely deny they do this but with edwards noted we hear incremental disclosure. we will find out. but bottom line as a traveler if you decide to y join this program you give them more data points including fingerprints if you join t global entry program your passport informion, it is the key into all sorts of...
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don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why youet more time. >> died nine weeks? , 99 weeks? jedi that should do it if you cannot block did you go work at mcdonald's sadek but they're not be anymore because we will raise the battle waged. [laughter] dennis: it is set to stop talking but i could be a lot of a job here soon. nice job today. what you see it? the question of that i should the government extend unemployment benefits even if that adds to of employment? log on and we will shut -- share the results at the end of the show. more examples of past government god too far? have the problems plaguy obamacare and the white house said the
don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and...
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people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a
people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up...
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so maybe the gas tax money goes to the same places a social security trust fund and we say that we are trying to get to the bottom of this. if you can account for all of this, then you can make a credible argument. >> this is a good for you segment and the point is there is no accountability. you snd billions on education and you know how dumb our kids are. maybe not yours two i can't lecture. because i useto put a number in front of the decimal point. >> but we are doing hundreds of billions of dollars in and the more we spend on education, thhe words the test scores dead in the more that we on poverty programs, the more we spend on ads come the worse the poverty programs and roads get. insidethe beltway they live and talk to themselves. republicans are the same way. >> absolutely. >> there is no bottom line, just a bottomless pit. >> if you allate the sons, you and i can question this and then followed it. where's that money going? >> how many times will we see an incredible job that all of the others have in handling the crowds. and at the me time you see this website the obamacare
so maybe the gas tax money goes to the same places a social security trust fund and we say that we are trying to get to the bottom of this. if you can account for all of this, then you can make a credible argument. >> this is a good for you segment and the point is there is no accountability. you snd billions on education and you know how dumb our kids are. maybe not yours two i can't lecture. because i useto put a number in front of the decimal point. >> but we are doing hundreds...
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the last thing they want to do is think about taxes and tax planning. but you're going to want to hear about this. we are here to help you get ready with a users guide to taxes on your ultimate guide to year-end tax moves. today we are going to tell you moves you could make. dominic, it's great to have you here. before we get into good solutions, let's talk briefly about big changes coming. >> yes, people are going to be surprised. a lot of ancillary taxes and all of them are going to hit you hard by april 15 the next year. most people are flying under the radar, they don't know and they're going to be in for a rude awakening. he won a lot of people are running their taxes ahead of time, trying to figure out what this is going to be. and what we are hearing is that more and more people are going to be paying 50% of their income or more in taxes and i means one out of every $2 to the tax man? >> it easily can get into that kind of range. so you have a couple weeks left in the year, a couple of moves and is not enough, think positively and take a little t
the last thing they want to do is think about taxes and tax planning. but you're going to want to hear about this. we are here to help you get ready with a users guide to taxes on your ultimate guide to year-end tax moves. today we are going to tell you moves you could make. dominic, it's great to have you here. before we get into good solutions, let's talk briefly about big changes coming. >> yes, people are going to be surprised. a lot of ancillary taxes and all of them are going to hit...
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we took there taxes were 2012 and layered the changes on taxes in 2013. it did not sound like a big increase, 7%. if you took the changes, not what you would think it would be, but the surprise was the amount. gerri? >> a quarter of a billion. gerri: were not talking about the world. just your clients. >> just clients. gerri: that's crazy. all right. let's take through these changes because there are a lot of them. starting with the brand spanking new income-tax bracket. tell us about that. >> the new tax bracket starts at 39%. so the bracket kicks in for taxpayers that are over for under 50,000 or 500. that is an increase from 35%. that's a huge increase. gerri: let's talk about the medicare taxes. in a new medicare tax rate of 0% tell us about that. gerri: the increase relates to earn income. that is on top of the social security increase that you had in the beginning of the year which is a 2% increase. many people were surprised. now you have that additional. he also have non income related to investments such as interest, dividends, capital gains, eff
we took there taxes were 2012 and layered the changes on taxes in 2013. it did not sound like a big increase, 7%. if you took the changes, not what you would think it would be, but the surprise was the amount. gerri? >> a quarter of a billion. gerri: were not talking about the world. just your clients. >> just clients. gerri: that's crazy. all right. let's take through these changes because there are a lot of them. starting with the brand spanking new income-tax bracket. tell us...
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if you talk about a waste gap in this country and they are taxing the heck out of the upper end of that another allows all votes to flow. so where he they been and when have you started caring? anjust remember this, you can't raise the wage of quality anymore than that. and let us also remember that it is only a small price of that is paid at the minimum wage level. before they advance in before in their good work leads to good things and better y. not governments and unions. whining about injustice only works if you are seeking justice welcome to our guests. these individuals don't like he wages and easie said than done. >> we have millions of americans out of work. i'm sure that they would love to have these jobthat the fast food workers don't. obamacare is already killing jobs and you have employers say that i'mot going to hire because i can't afford to pay health insurce and wages for 50 plus employees, and like you said, you know, it really harms minorities, blacks and hispanics get harmed because we always have higher unemployment rates. and doubling the minimum wage, right before
if you talk about a waste gap in this country and they are taxing the heck out of the upper end of that another allows all votes to flow. so where he they been and when have you started caring? anjust remember this, you can't raise the wage of quality anymore than that. and let us also remember that it is only a small price of that is paid at the minimum wage level. before they advance in before in their good work leads to good things and better y. not governments and unions. whining about...
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eastern for a special user's guide to your taxes. it is the year end edition. i'm coming back, are these coins a good investment? $4000 is the average cost. why are costs rising so much? stay with us. just by talking to a hmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. ven pulled strings with the stoplights. my ambulance talks witsmoke alarms and pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet oeverything. so everything works like never before. gerri: emergency rooms are profit centers? here with more, a professor of orthopedic surgery at duke university. i can't imagine why would cost thousands of dollars to get stitches. what is going on? >> emergency rooms tend to be one of the most expensive places to get your health care. and so if you have a smaller or nonurgent issue, will you will pay more. you also need to remember that there are four
eastern for a special user's guide to your taxes. it is the year end edition. i'm coming back, are these coins a good investment? $4000 is the average cost. why are costs rising so much? stay with us. just by talking to a hmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. ven pulled strings with the stoplights. my ambulance talks witsmoke alarms and...
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and very conservative when it came to fiscal policies, saying don't tax me, don't take away any more of my money, they have interviewed people, i started on food stamps, i pulled my way up, i don't like giving to people, who to me don't look like they are trying to get better. >> it is a punishment, the wrongs of yesteryear,ure we always told the same 1% that were wealthy in 1979 are same now but they gobbled up a greater share of the wealth, as if we don't have mobility up and down. >> we've seen a lot more economic mobility downward, when you have 20% of the people being rich, top 2% of the bracket, sometime that means that rich are getting richer, that is not a bad thing. melissa: if everyone is en insession cure. >> what you have seen is an ex askeex -- exacerbated by president obama. in the economy nothing is perfect, free markets they ebb and 'fro flow, you need a limitd government that gets out of the way. >> i agree, you need a strong middle class, the economic inequality is the main challenge of our generation, you have so many poor people, and so many rich people nobody in
and very conservative when it came to fiscal policies, saying don't tax me, don't take away any more of my money, they have interviewed people, i started on food stamps, i pulled my way up, i don't like giving to people, who to me don't look like they are trying to get better. >> it is a punishment, the wrongs of yesteryear,ure we always told the same 1% that were wealthy in 1979 are same now but they gobbled up a greater share of the wealth, as if we don't have mobility up and down....
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this means states will soon start collecting internet sales taxes, fast-food workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for $15 an hour, a lot of people think such a raise is possible. >> bank of america will they more than $400 million to freddy back for bad home loans sold since 2000. >> those are some hot stories right now on fox business.com. >> still to come, my two cents more, it happens to the best of us, a thanksgiving food binge that sets you up for a bad holiday eating track. how to get you on the right track, coming up. so i can reach ally bank 24/ but there are no branches? 24/7. i'm sorry, i'm just really reluctant to tryew things. really? what's wrong with trying n things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. every day we'reorking to and to keep our commitments. and w've made a big commitm
this means states will soon start collecting internet sales taxes, fast-food workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for $15 an hour, a lot of people think such a raise is possible. >> bank of america will they more than $400 million to freddy back for bad home loans sold since 2000. >> those are some hot stories right now on fox business.com. >> still to come, my two cents more, it happens to the best of us, a...
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talking about amazon, no taxes, the irs has not ruled on taxes crept, and that's an interesting point because barter and exchange is still something people like to do. melissa: for the record, we're very suspicious of that story. scott mrtin, thank you so much. >> see ya. melissa: $4,000 for a bottle of whiskey. people are paying for the good stuff, and this man is making a fortune. you can never have too much "money." we'll be right back. ♪ ♪ every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. so ieserve a small business credit card with amazing rewards. with the spark cascard from capit one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewa
talking about amazon, no taxes, the irs has not ruled on taxes crept, and that's an interesting point because barter and exchange is still something people like to do. melissa: for the record, we're very suspicious of that story. scott mrtin, thank you so much. >> see ya. melissa: $4,000 for a bottle of whiskey. people are paying for the good stuff, and this man is making a fortune. you can never have too much "money." we'll be right back. ♪ ♪ every day we're working to be...
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and wait until some geek taxes it and it's redirected somewhere else. we will have our special, the b-side next. (announcer) at scottrade, our clients trade and inst exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one lin... to easily momove my money wheni need to. plus, en i call my local scottrade office, i can talk to someonwho knows how i trade. because i don't trade like everybody. i trade like me. (announcer) scottrade-proud to be ranked i'm with scottrade. "best overall client experience." ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. [ female announcer ] every day w're working tong and to keep our commitmes.-. and we've made a big commitment to america. bp supports nearly 25
and wait until some geek taxes it and it's redirected somewhere else. we will have our special, the b-side next. (announcer) at scottrade, our clients trade and inst exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one lin... to easily momove my money wheni need to. plus, en i call my local scottrade office, i can talk to someonwho knows how i trade. because i don't trade like everybody. i trade like me. (announcer) scottrade-proud to...
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talking about amazon, no taxes, the irs has not ruled on taxes crept, and that's an interesting point because barter and exchange is still something people like to do. melissa: for the record, we're very suspicious of that story. scott martin, thank you so much. >> see ya. melissa: $4,000 for a bottle of whiskey. people are paying for the good stuff, and this man is making a fortune. you can never have too much "money." we'll be right back. ♪ ♪ hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one at rate. so i kn untilt was full. you'd be cra not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doct told me about eliquis. and three important reasons to take eliquis instead. one, in a cl
talking about amazon, no taxes, the irs has not ruled on taxes crept, and that's an interesting point because barter and exchange is still something people like to do. melissa: for the record, we're very suspicious of that story. scott martin, thank you so much. >> see ya. melissa: $4,000 for a bottle of whiskey. people are paying for the good stuff, and this man is making a fortune. you can never have too much "money." we'll be right back. ♪ ♪ hi honey, did you get e...
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the company also has a history trying to uild the tax system in hawaii and nothing more. and so at about $750 per enrollee in hawaii at this point. neil: summer working through their own exchanges and what have you. in time will heal a lot of it. what do you find? >> i don't think so. you can talk about the website in one issue, you can talk about it in another. we are seeing that the premiums are increasing by 22% for the interesting thing is that 8% of the population is uninsured and the majority people are insured through their employer. as we have create a system where we are spending 205 million federal dollars in hawaii to enroll a percent of the population, with only 257 people have actually signed up. so once we see this -- nationally, it the majority is don't want to sigorsing that trs well. be. neil: the republican governors aren't going along, they don't match and this has happened other states it really doesn't matter. >> it is a mess because you talk about the government trying to create a marketplace and a system that didn't work. so we have seen problems in
the company also has a history trying to uild the tax system in hawaii and nothing more. and so at about $750 per enrollee in hawaii at this point. neil: summer working through their own exchanges and what have you. in time will heal a lot of it. what do you find? >> i don't think so. you can talk about the website in one issue, you can talk about it in another. we are seeing that the premiums are increasing by 22% for the interesting thing is that 8% of the population is uninsured and...
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the tax was challenged by amazon and overstock, the tax stays in place at the state level. to the big board, where are we this monday morning? we were going to go up and wrong, down 31 points as of now. as for the price of gold this monday morning, we're down there, too, off $16 an ounce, back to 1234. according to the national retail federation, on-line sales accounted for 44% of total black friday retail sales and shoppers avoided the parking lots and long lines and according to our next guest, the disastrous state of the sales. and two people got it wrong, bricks and mortar. number one is gap, what did they do wrong? >> gap is looking like a winner, old your horses, this is a company cut that numbers to make an earnings. and yes, you have to make basically the stores messy, large piles of clothes, banana republic, gap, old navy, instant markdowns. stuart: the stock is up 2 1/2% despite what you're saying about the state of the stores. >> nobody people were talking about the stores were in disarray and didn't have enough employees and you're supposed to put your best foot
the tax was challenged by amazon and overstock, the tax stays in place at the state level. to the big board, where are we this monday morning? we were going to go up and wrong, down 31 points as of now. as for the price of gold this monday morning, we're down there, too, off $16 an ounce, back to 1234. according to the national retail federation, on-line sales accounted for 44% of total black friday retail sales and shoppers avoided the parking lots and long lines and according to our next...
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>> state raised taxes federal government raised taxes, taxes relative to the size of the economy is at 20-year high. david: if he raises them even more what would happen? >> i think you will see continued economic struggle. it is not a robust recovery right now. david: steve ma lang today, manhattan institute. thanks for being here. liz? liz: amc entaint has a loyalty plan with a difference. members may cash in on the theater chain's upcoming ipo. you have to hear about this one. creative marketing. we'll tell you now next. >>> listen up, lady, we have a list of the wealthiest bachelors on earth. you won't want to miss this list of billionaire bachelors. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recoizing me with unlited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, e
>> state raised taxes federal government raised taxes, taxes relative to the size of the economy is at 20-year high. david: if he raises them even more what would happen? >> i think you will see continued economic struggle. it is not a robust recovery right now. david: steve ma lang today, manhattan institute. thanks for being here. liz? liz: amc entaint has a loyalty plan with a difference. members may cash in on the theater chain's upcoming ipo. you have to hear about this one....
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that is the one thing i have to say i enjoy about making money, paying my taxes. stuart: anybody that can convert mob wife image into million dollars gets my vote. good luck with the books and good luck with the new series tomorrow night. >> thank you. stuart: your take on the poster boyd of corporate greed. your take on that is next. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each year. take the energy quiz. energy lis here. stuart: last hour i gave my take on than is being released on parole next week. is your take. he was over the top and hard to like. if he was in government, he would have been a hero. anne-marie tweet too bad prosecutors can't go after government
that is the one thing i have to say i enjoy about making money, paying my taxes. stuart: anybody that can convert mob wife image into million dollars gets my vote. good luck with the books and good luck with the new series tomorrow night. >> thank you. stuart: your take on the poster boyd of corporate greed. your take on that is next. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the...
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>> no taxes on the social security. one of these places the focus has been on making a great economy for everybody, it is not sort of this weird manipulation of economic recovery were somehow a try to make the people who own the business don't benefit the people who just started yesterday reap the rewards. you cannot undo capitalism and put it back this way. dagen: i am not believing you want people to borrow money. charles: borrowing too much money got us in trouble. i have a mortgage. our win some money not bad. people spending beyond their means is one thing, or listen, somebody by $300,000 house and they drove a ford $100,000 house, that is what got us in trouble. 4 million people, publish increased 4 million, a million of them came from california and other high tax system. dagen: a lot of that is the oil. charles: it is not just about energy. 160,000 employees, guess what is moved this week, texas. $115,000 as a grant. it is not like pay up, we are throwing out cash. you know why? they want to have an economic bac
>> no taxes on the social security. one of these places the focus has been on making a great economy for everybody, it is not sort of this weird manipulation of economic recovery were somehow a try to make the people who own the business don't benefit the people who just started yesterday reap the rewards. you cannot undo capitalism and put it back this way. dagen: i am not believing you want people to borrow money. charles: borrowing too much money got us in trouble. i have a mortgage....
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which means that this administration now has missionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurance companies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other three congressional leaders include john boehner,, nancy pelosi, and mitch mcconnell, and they all have told their staff to join the exchange. on wall street today, stocks in the dow jones down and the nasdaq up a fraction. european regulators fined six financial institutions, a record 2.3 billion, for conspiring to interest rate manipulate interest rates. mgm selling its remaining 10% stake on allied financial. the carmakers lending arm getting about $900 million. the government remains the majority shareholder, which received a 17 billion-dollar bailout during the crisis, of which they have repaid t
which means that this administration now has missionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurance companies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other...
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they look at death taxes. they look at income taxes. even though they candying up some studies every now and then that purport to show this has no effect, the fact is a lot of people move to florida, people move to texas and some people even move to states like wyoming, nevada and state of washington. david: people affected are very small, 1.4%, but when you look at the disproportionate amount of money that 1.4% pays in tax, that could be a big, if they move out, that could be a big crimp in an already-strained budget in new york. >> that's right. new york already has when you combine city and state taxes one of the highest tax burdens in the country. it devastated new york state. look at up state. again to think new york city's impervious to these kind of demand, look what happened in the 1960s and '70s they literally drove the city to bankruptcy. so why start on that path again? david: let's talk a little bit about the rhetoric of income disparity. we heard the president talking about it. there is bigger gap between the richest and po
they look at death taxes. they look at income taxes. even though they candying up some studies every now and then that purport to show this has no effect, the fact is a lot of people move to florida, people move to texas and some people even move to states like wyoming, nevada and state of washington. david: people affected are very small, 1.4%, but when you look at the disproportionate amount of money that 1.4% pays in tax, that could be a big, if they move out, that could be a big crimp in an...
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it is government debt is bigger, but taxes more and has a lot more power over individual americans. lou: just within the last two days the president also again sounding like a tea party chieftain as he railed against the inequities of the income distribution in the country, the heartless disparate distribution of wealth across, as if he had not been president for five years. >> his entire goal the whole time is to literally take from the rich and give to the board. this is what he campaigned on. you're sitting here talking about the expansion of government committee introduced obamacare as chief legislation. literally almost double the size of government. when it enacted completely. once again, it is just what is coming of his mouth. he is on the campaign trail. american people bought it up until now. his approval ratings are abysmal >> the speech about inequality was not at tea party speech. it was in occupy wall street speech. a call for socialism, take money away from the rich and give it to the port. the best example of why this is not that tea party president, think about obama
it is government debt is bigger, but taxes more and has a lot more power over individual americans. lou: just within the last two days the president also again sounding like a tea party chieftain as he railed against the inequities of the income distribution in the country, the heartless disparate distribution of wealth across, as if he had not been president for five years. >> his entire goal the whole time is to literally take from the rich and give to the board. this is what he...
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you don't pay the taxes. now the other part about it i think people need to look into, in 2007 he had over $9 million worth of stocks. it went up 147%. 2007 a cusp at the top, the market crashed. from the january low. not from 2007, what stocks was he holding? do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. stuart: well said, because we don't know the whole story. the shock value as a man like him has $18 million to lose me first place place and getting around capital gains tax. charles: in the same scheme, where is he getting this cash? stuart: we will hear more. your take on your loss of privacy is next. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. with fidelity's options platform, we've completely integrated e
you don't pay the taxes. now the other part about it i think people need to look into, in 2007 he had over $9 million worth of stocks. it went up 147%. 2007 a cusp at the top, the market crashed. from the january low. not from 2007, what stocks was he holding? do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. stuart: well said, because we don't know the whole story. the shock value as a man like him has $18...
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your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. daymac new home sales surging in october taking home builder stocks with them. nicole petallides is at the stock exchange. >> helped to bring them off of the lows of the day, they are not far off of the unchanged line but the new home sales numbers came in and beat the street expectations with a rise of 20.4% to 440,000 beating the estimate of 426,000. of up arr
your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of...
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what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of health reform. covering the nations volunteer fireman. why would they have to be covered under obamacare? and more on the new ceo of general motors which we talked about earlier. saying moments ago she was the unanimous choice. more details at the top of the hour as "markets now" continues. hi honey, did you get e toastecozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat r
what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of...
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we can't do that, it wouldn't work and the president is not going to cut taxes, not going to stimulate private sector demand. we're a real mess if we get into a recession, aren't we? >> what you're saying is, it seems like policy makers are coming out and that's the worry. is it possible that we plod along? president obama doesn't care about ten years from now, he cares about the next three years. is it possible that we plod along? >> he doesn't care about the next three years, does he care about his ideology and where he stands with the people that believe in that ideology, or america and the economy. and it seems he's more concerned with years from now. >> the point about natural gas, why don't we see the l and g terminals on every coast and every city. line let's export natural gas. that he is a conflicts with the ideology. stuart: we know you as a trader, we have to ask the following question. what's the worst trade you ever made. >> simple, warren buffett said what you should do when you buy stocks, go to your house and buy the companies of the things that you use every day. stuar
we can't do that, it wouldn't work and the president is not going to cut taxes, not going to stimulate private sector demand. we're a real mess if we get into a recession, aren't we? >> what you're saying is, it seems like policy makers are coming out and that's the worry. is it possible that we plod along? president obama doesn't care about ten years from now, he cares about the next three years. is it possible that we plod along? >> he doesn't care about the next three years, does...
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businesses haven't been paying taxes, most residents aren't paying their property taxes. but businesses are beginning to come back in. there's a trickle of businesses and some bigtime -- dennis: okay, but, guys, to get back more specifically to the topic at hand, scott martin in chicago, detroit faces $18 billion unfunded liabilities, and people had to wait hours for the police to show up. were the unions wrong to fight for pensioners? >> no, i don't think they were wrong, dennis. that's what they had to do. the joke around in chicago is chicago is basically could be detroit, you know, in a couple years. i mean, that's one thing that's going on ear is we're having the same -- here, this is just a precursor to a possible wave of bankruptcies that might happen across the country. i'll tell you one thing else to watch out for, watch out for your muni bond portfolios, the bonds that allow these cities and states issue, the funny part -- and jeff flock brought it up in his interview, a lot of those pension funds be buy those very bonds. so you're going to talk about downgrades
businesses haven't been paying taxes, most residents aren't paying their property taxes. but businesses are beginning to come back in. there's a trickle of businesses and some bigtime -- dennis: okay, but, guys, to get back more specifically to the topic at hand, scott martin in chicago, detroit faces $18 billion unfunded liabilities, and people had to wait hours for the police to show up. were the unions wrong to fight for pensioners? >> no, i don't think they were wrong, dennis. that's...
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for the irs says that the website, the one that allows in the system allows you to get the obamacare tax credit could be susceptible to fraud. they're asking the irs to improve that system. back to you. david: so many details. thank you, rich edson in d.c. thanks a lot. liz: now we've been covering this from the beginning. a battle royale in the console wars this holiday season. gamers and investors listen up. sony playstation 4 and microsoft xbox one have both already sold millions of consoles but which one will come out on top? david: also, one in four college women are using the lulu app. have you heard about this? it allows women to rate men mom r anonymously. we have an exclusive with the ceo and her plans to make a lot of money off this craze. you want to stay tuned for that. ♪ in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan
for the irs says that the website, the one that allows in the system allows you to get the obamacare tax credit could be susceptible to fraud. they're asking the irs to improve that system. back to you. david: so many details. thank you, rich edson in d.c. thanks a lot. liz: now we've been covering this from the beginning. a battle royale in the console wars this holiday season. gamers and investors listen up. sony playstation 4 and microsoft xbox one have both already sold millions of consoles...
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ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling pressure these last several days. get breaking news on the fed beige book. peter baron's with the details. peteer? >> hey, ashley and tracy, the beige book for november says the economy continued to expand ad a modest to moderate pace from mid-october through mid insofar as november and the report does not appear to tee up tapering of bond purchases cuttings back on quantitative easing in next two weeks when the report will be used by policymakers. this reports e has the same language on the economy and job creation as the last meetings on be
ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling...
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states reportedly lose $23 billion a year in uncollected sales taxes from online retailers. >>> u.s. manufacturing grew last month at the fastest pace since april of 2011. that is according to the ism index. manufacturing rose in november to 57.3. that is up from 56.4. that is the reading for october. and highest reading in 2 1/2 years just clocked in. >>> dow chemical is weighing options to sell most of its chlorine operations its oldest business as part after plan to sell assets worth 3 to $4 billion. dow is moving away from chemical production, to focus on electronics, packaging and agriculture. that is the latest from "fox biz." adam: bill ackman may be disengaging from the media but is he actually going away? charlie gasparino joins us looking like spock from the alternate universe in that episode from "star trek" with the pointy ears. what is with the beard real quick? >> i just didn't feel like shaving for couple days. i looked in the mirror, doesn't look that bad. i tried it a few times. and, i'm seeing what happens. lori: new mirror. adam: there you go. you're speechless. wh
states reportedly lose $23 billion a year in uncollected sales taxes from online retailers. >>> u.s. manufacturing grew last month at the fastest pace since april of 2011. that is according to the ism index. manufacturing rose in november to 57.3. that is up from 56.4. that is the reading for october. and highest reading in 2 1/2 years just clocked in. >>> dow chemical is weighing options to sell most of its chlorine operations its oldest business as part after plan to sell...
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we got over 50 tax extenders that will expire this year. they're important to number of important industries and costs to the economy. >> one of the big issues you talked about, extending those emergency unemployment insurance benefits. democrats are arguing about that on the house floor. republicans say these are emergency measures. democrats say that, look, economy is still in trouble. we still need to extend the emergency unemployment benefits. on january 1st, the maximum unenemployment benefit goes from 73 weeks, to a maximum of 26 weeks. house speaker john boehner says president obama has proposal to extend those benefits. back to you. adam: rich edson, thank you very much. >> factory workers and labor organizers. raising, to raise a federal minimum wage. >> few moments ago the demonstrators lift the scene. look at video. reported just a short time ago. at one point, things got very tense. some demonstrators tried to force their way into the restaurant. restaurant hired a security guard. and apparent the demonstrators decided to give u
we got over 50 tax extenders that will expire this year. they're important to number of important industries and costs to the economy. >> one of the big issues you talked about, extending those emergency unemployment insurance benefits. democrats are arguing about that on the house floor. republicans say these are emergency measures. democrats say that, look, economy is still in trouble. we still need to extend the emergency unemployment benefits. on january 1st, the maximum...